Home to The Successful Founder Print & Digital Magazine 
Advice Articles, Interviews, Founder & Brand Spotlights 
Home of The Most Advice-Feature-Rich Entrepreneurship Magazine Around
 
How to keep your business data safe

How to keep your business data safe

15 February 2020|Launching a business, Legals & Compliance, Resources

How to keep your business data safe
How to keep your business data safe

By Mike Ianiri, Redsquid. 

As an entrepreneur you want to keep all the data produced in your business or startup safe. This means having a backup solution in place and reviewing this as your business grows.

In the digital age you would think that all business owners would prioritise backing-up data however, this does not appear to be the case. Recent research by Beaming suggests that over 4 million[1] of the UK’s 5.5 million businesses risk losing critical data through poor backup provision. With data suggesting that 70% of small businesses, which experience a major data loss, go out of business within 12 months[2].

If your startup is one of the many businesses using Microsoft Office 365 be aware that this is not backed up in any way. Whilst Autorecover will help you restore a document you were working on, it cannot restore something that was deleted, whether deliberately or accidentally, from your account.

These facts highlight how important it is for entrepreneurs to set up the right backup solution for their businesses.

Let’s look at the options available to you, working our way up from simple to complex.

1. External hard drives

Normally used by entrepreneurs working on their own to provide a backup solution. This is a really basic solution and something we never recommend as a complete solution.

· Hard drives are a physical device and can fail, leaving you with no way of recovering the data

· As hard drives get smaller and smaller, they are easy to lose

· They aren’t always connected to your devices, so you have to remember to manually backup each time

· They are often kept in the same location as the device they are backing up. If that device is stolen, lost, burnt or broken, so is the hard drive.

A hard drive does mean you can instantly restore, but the downsides to this option make it a bad idea. With solution providers such as VEEAM[3]providing startups and small businesses with backup solutions for as little as £25 per month, it makes sense to use more than just a hard drive.

2. On-premise Solutions

As businesses grow and develop an on-premise server network, the obvious solution is to have an on-premise back-up solution, usually based around network attached storage (NAS) devices. Solutions such as Microsoft System Center[4]will provide everything you need to build an on-premise solution. There are, of course, pros and cons to this as well…

Recovery times can be quicker than using a cloud solution when a document is identified as missing or corrupted, but it depends on when the last back up was taken. We recommend that multiple retentions take place each day to maximise the opportunity to restore the right information.

Some on-premise solutions provide entrepreneurs with the option, in the event of a major failure, to build a cloud-based server, with your data, but you have to budget accordingly if you want this level of failover capability.

Having your backup, either the actual data or the ability to restore, in the same location as the original versions is rarely a good option. What happens if:

· There is a fire in your office?

· There is an incident that means you are unable to get into your office to work?

· There is a burglary?

If you are still taking hard drives (or even tapes) off-site each day to mitigate this risk, they can still be lost or stolen. Don’t forget that taking these off-site is highly likely to breach your GDPR commitments.

3. Cloud-based backup

Backing up your data to a cloud provider delivers far more benefits than issues. 

Although you are highly likely to be paying on a per Gb basis for this solution and that may add up to a higher cost than an on-premise solution, the benefits, and convenience, outweigh the cost for startups and as well as for more established businesses. It means:

· Never having to worry about upgrading/replacing storage hardware

· Being able to keep multiple copies of your data for prolonged periods of time

· Knowing the data is being replicated to further protect your business

· Having the ability to restore that data to wherever you need it to be

· Knowing the security around it is far higher than your budgets would normally allow

· Never having to remember to back up.

All the major players provide a cloud solution, from Microsoft Azure[5] to Veeam[6], so there is plenty to for entrepreneurs to choose from. Whatever solution you choose, there is one thing you need to do on a regular basis to ensure your business really is protected: check your backups. An absolute worst-case scenario would be you get to a situation where you need to restore data, only to find that it isn’t there. Most cloud providers provide you with regular reports on the success, or otherwise, of your backup and may give you reports on a more granular level, showing what machines are missing and how much data.

4. Your internet connection

Getting your data into the cloud regularly throughout the day will use a fair amount of your available bandwidth. If you are still relying on ADSL connections, your backup is going to take a very long time. Even the incremental backups (taken after a main data upload) will take time. For this reason, we recommend you invest in, at least, a fibre to the cabinet (FTTC) solution. The faster data speeds, both up and down, will mean your backups can occur when you need them and they won’t slow down other uses of that connection in the meantime. If FTTC isn’t available in your area (although >90% of UK premises are now covered), you may have to look at fewer data sets. One backup a day, scheduled overnight is an option, but not recommended.

As an entrepreneur the last thing you want is for your startup or growth business to find it has lost all its valuable data. Pick the best option for where your business is right now and keep reviewing as you grow.

ABOUT THE AUTHOR 

Mike Ianiri is from Redsquid, one of the UK’s leading independent providers of business Voice, Data, ICT, Cyber Security and IoT Solutions.  Redsquid is not tied to a single supplier but rather helps clients boost productivity, reduce costs, and protect and grow their business by creating bespoke solutions from the best technology available in the marketplace.

Web: www.redsquid.co.uk 

Facebook: https://www.facebook.com/redsquidcomms/ 

Twitter: https://twitter.com/redsquidcomms 

LinkedIn: https://www.linkedin.com/company/redsquid

[1] https://www.beaming.co.uk/press-releases/four-million-uk-businesses-vulnerable-losing-company-data-research-shows/

[2] https://www.backupvault.co.uk/blog/over-50-of-uk-businesses-are-risking-their-data

[3] https://www.veeam.com/smb-vmware-hyper-v-essentials.html

[4] https://www.microsoft.com/en-gb/cloud-platform/system-center-solutions

[5] https://azure.microsoft.com/en-gb/services/backup/

[6] https://www.veeam.com/cloud-connect.html